404-398-2090
5925 I-55, Jackson, MS for Sale
Hospitality - FOR SALE
1/22
null | Request Cap Rate

5925 I-55
Jackson, MS 39206


HIGHLIGHTS

  • As IS without any Improvements with the Buyer doing all the Renovation and Opening the Property as an Extended Stay Hotel
  • Solid Block Construction. Separate 3-Bedroom Manager's House. Offered at a substantial discount to replacement cost.
  • Substantial Value Add Opportunity. Several attractive extended stay re-branding options are available or conversion to Multifamily Apartments.
  • More than $200MM in developments are currently planned for the region including a new $65MM University of Mississippi Medical Center facility Located
  • Amazon Prime Distribution Center coming next door to the property with over 2.5K workers employed which will create constant demand flow for extended
  • Premium Location. Located Right off Interstate I-55 Frontage Road. Amazon Prime Center is opening next to the subject property late 2023.

OVERVIEW

Please note the Hotel is Currently Closed Call For All Serious Offers Incredible Opportunity for the New Investor to Purchase, Renovate, and Reposition the property for Maximum Value Opportunity Rooms: 76 (All Rooms are 2-Room Suites with Separate Full Kitchens and Living Room Area) Rooms Configuration: 45 Rooms are 576 Sq. Ft. and 31 Rooms are 432 Sq. Ft. Property Highlights: 2 Stories 4 Buildings Exterior Corridor Lot Size: 3.1 acres Solid Block Construction Separate 3-Bedroom Manager's House Offered at a substantial discount to replacement cost Substantial Value Add Opportunity Several attractive extended stay re-branding options are available or conversion to Multifamily Apartments More than $200MM in developments are currently planned for the region including a new $65MM University of Mississippi Medical Center facility Located less than 4 miles from the Subject Property Amazon Prime Distribution Center coming next door to the property with over 2.5K workers employed which will create constant demand flow for extended stay customers Close to all demand generators Bank Financing Available Location Highlights: Premium Location Located Right off Interstate I-55 Frontage Road Amazon Prime Center is opening next to the subject property late 2023 Conveniently located just off I-55 near the I-220 confluence with upwards of 103,000 vehicles passing daily Within minutes from 3 Large Universities located in Jackson MS Proximate to all local Ridgeland demand including Nissan North America, University of Mississippi Medical Center, Mississippi Baptist Medical Center, Natchez Trace Parkway, and Barnett Reservoir Just minutes from Downtown Jackson as well as the State Capitol and Capitol Museum, Trustmark Park, Mississippi Sports Hall of Fame and Museum, The Fondren District, LeFleur’s Bluff State Park, and Jackson Medgar-Evers International Airport Property is located in the Heart of All Demand Generators the City of Jackson has to offer Please Do Not Call The Hotel or Hotel Employees about the Sale of the Hotel. Absentee Owner.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

76

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Studio 7 Extended Stay - Jackson

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1975

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.1 AC

LAND SF

135,036 SF

ZONING

C-3

APN/PARCEL ID

0709-0004-002

ASK ABOUT THIS PROPERTY

Raiyan RabNumarix Real Estate ServicesMore Info
404-398-2090

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Raiyan RabNumarix Real Estate ServicesMore Info
404-398-2090

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.